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27.10.2020 13:06
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the bulls have held the support at $29.5646 for the past four days. The upsloping moving averages and the RSI above 57 signals that bulls are in command. BNB/USD daily chart. Source: TradingView If the bulls can thrust the BNB/USD pair above the $32–$33.3888 resistance zone, the uptrend may pick up momentum. A breakout of the resistance zone increases the possibility of a retest of the all-time highs. Contrary to this assumption, the first sign of weakness will be a break below the 20-day EMA ($29.68) and the pair could signal a deeper correction if it sustains below the 50-day SMA ($27.91). DOT/USD Polkadot |
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